Uses Of Indicators - Page 14
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Thread: Uses Of Indicators

  1. #1
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    Uses Of Indicators

    Indicators are very helpful for understanding the market condition . because without indicators we cannot understand the market movements . So we can use Indicator for our own help . I think RSI , OsMA is the best indicator for using in your chart .

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  2. #131
    Trader J_C_Anderson's Avatar
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    To my mind, indicators are extremely useful, especially for the traders making decisions based mostly on technical analysis. Most of the traders use indicators to get an additional confirmation for the entry singal provided by other pattern (like chart or candlestick one), while there are also some strategies based solely on the use of indicators as the main elements. Another advantage of inidcator-based strategies is that they could be easily automated. For sure, it seems quite difficult for newbie traders to ge familiar with the huge nubmer of indicators available, so is would be better to focus on the most interesting ones.

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